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's moderate into san francisco. let's go to steve. >>> thank you, sir. mostly sunny here today. a little system coming down. it's really more of a colder pattern and a breezy to windy pattern. but after today, this will be the coolest day on the high side. temperatures will warm up. we'll say goodbye to january on a pretty mild to warm start. we start it mostly cloudy, partly sunny. there were a few light showers. i'm talking about northern california, a little bit of snow to the north. for us, warmer weather. mid-60s by wednesday and thursday. straight on down the elevator shaft. it will be cooler. already that wind is picking up, unin the sierra not much. but 30s and 40s on the temperatures. the breeze is holding up temperatures a little bit. we'll see upper 20s and 30s tomorrow. but everything the rest of the week says sunshine and warm weather. next rain may be early next week. we'll see. breezy, cool, kind of a blustery pattern today. it will be colder tomorrow morning. it will be sunny to mostly sunny. temperatures, novato 57. san rafael, 55. walnut creek, along with pleasonton. al
to an executive who had the ear of bill gates, he says microsoft chief steve ballmer has to go. also coming up, big news i should say from two names you know, google and ibm, we're following both of them at the opening bell. may, everybody, cheer up, we're closing in on a record high for the dow jones industrial average. look, if you have copd like me, you know it can be hard to breathe, and how that feels. copd includes chronic bronchitis and emphysema. spiriva helps control my copd symptoms by keeping my airways open for 24 hours. plus, it reduces copd flare-ups. spiriva is the only once-daily inhaled copd maintenance treatment that does both. spiriva handihaler tiotropium bromide inhalation powder does not replace fast-acting inhalers for sudden symptoms. tell your doctor if you have kidney problems, glaucoma, trouble urinating, or an enlarged prostate. these may worsen with spiriva. discuss all medicines you take, even eye drops. stop taking spiriva and seek immediate medical help if your breathing suddenly worsens, your throat or tongue swells, you get hives, vision changes or eye pain, o
pam cook. >> and i am brian flores in for dave clark, let's look at weather with steve. >>> it's still not too bad, we had a long stretch of some good weather, kind of hazy sunshine and higher clouds will not get here until later tonight. maybe some rain tomorrow and today hazy sunshine and 60s, here is sal. >>> good morning, highway 4, traffic here looks slower as you come over the willow pass grade, and also the morning commute is looking good on the san mateo. all that and more minutes ahead, now let's go back to the desk. >>> a manhunt in oakland for two suspects who shot and wounded a police officer. s.w.a.t. teams are on the scene where the shooting happened shortly before 6:30. ktvu channel 2 morning news alex savage is at the scene and tells us what led up to the shooting. >> reporter: these men apparently confronted an undercover police officer and one of them opened fire on that officer. they continue to search for those two other armed men who escaped and as you can see the neighborhood remains closed. the s.w.a.t. team is out here still but we do get the since the search is
kutcher as steve jobs in the new film at sundance. e ws i ve s,rsclto, y reoun'p yean e ws >> welcome back. now, the highs today, 59 degree in san rafael and san francisco, and let to mid-60's for the rest of us. isolated shower is possible. more sunshine yesterday. the snow pack continues to shrink as a percentage of where we should be the we have not had good snow in the sierra in several weeks at 90 percent of average. if you are headed up there, we have scattered snow showers and rain at the lake level and the heavy rain is down around los angeles and san diego and palm springs with mid-to-upper 60's and low-to-mid 60's through the central valley with scattered light showers today. >> thank you, mike. with george lucas handing over the movie empire to disney, the director has plenty of experience in science fiction and ready to take over the star wars franchise. "variety" reports that abrams is close to signing a deal to direct another film in the series that could be released in 2015. he is directing the new "star trek" movie. he initially dismissed talk of join the franchise but
what that is all about and we're going to bring steve liesman in in just a mip. before we do that, i want to take a listen to what mario draghi had to say. >> the level of economic activity is in the process of stabilizing at very low levels. and we foresee a recovery for -- in the second part of the year. we can have a positive development if national governments will persevere in their actions. both in fiscal consolidation, but especially now on the front of structural reforms. >> steve liesman is here with a little bit more on this, but you're not wearing long underwear. >> no. but i have any gloves on. >> you're a little cold. >> we've been standing out here for a while. what did you think of draghi? a lot of people here talking about it and i wonder whether it's going to ultimately move the market. >> there's a couple of things. he said the victory lap. he said we relaunched the euro in 2012. a lot of talk with chris at this teen legarde in europe today. 2015, talking about this growth in the back half. i think draghi's intentions today were not to mess things up. the general fe
inaugural address. one thing was almost missing, though. jobs. joining us with more is steve moore. he laid out his agenda, a whole host of things. why not focus on jobs. does he think that this recovery is so on track that jobless rate will continue to fall, steve? >> i was struck by that also. in the whole speech, he did not talk about jobs. he did not talk about private business and entrepreneurs. it was a very pro-government speech. the president has a big challenge ahead. we still have a near 8% unemployment rate in this country, chipolte, over the last four years of this suppose it recovery. i do not think he mentioned the word jobs in that entire speech. dagen: three times. we did a quick count. >> i stand corrected. dagen: if you go through the list of things that he covered, that he wants to tackle, i said gun control at the top, immigration, climate change, equal pay for women, i could go on, but if he focuses on this, what does that do to the economy? what does that do to jobs? if you look at the broad overall agenda, i do not think a lot of this helps the economy much and i do n
. >> in today's "closing bell" exchange. carol roth author of "the entrepreneur equation" and steve saks and michael from janney montgomery smith. good to have you here. let me start with you, scott. what do you think about this move? are we going to get more of this? is this just the beginning, or are we in for pullbacks considering what could be coming to washington the next couple of months? >> i think pullbacks are norm a. let's face it, the last couple of months have been a big party. ben bernanke invited us and i don't think the punch bowl goes away. >> the fed is the key issue right now. does that trump the fundamentals, all the earnings we're getting, you pay more attention to the fed? >> you think we have low growth and quite frankly investors are starved for air. they have been holding their breath for four years. there is no oxygen in any other market. there's no place to go for yield. therefore, essentially i think ben is terroristing it to the point to where they got to jump into risk assets and that's what we're seeing. >> david, does that make you bullish as well? >> david
guest wonder if the fuss over these cuts is all for nothing. to lori rothman, steve more, and taught on a very real and scary calendar working against all of us. no, i have the feeling that you have a lot to say about what is not going to happen in the next ten years which will probably be this budget. >> well, you know, when i first came to washington in the early 1980's i never taught was in the reagan white house at that time. the convention was to do to end a three-year budgets and then it became for year end and five-year. now we are doing these ten year. they come up with these fantasy numbers. they projected they are going to cut spending in six, seven, eight, nine, ten years from now. the predictions never come true. i think we ought to get back to the idea of just budging and maybe one or two or three years. you know, the projections, as you said, you cannot have any idea what the budget will look like continues. just one statistic to demonstrate that point. you go back to the year 2000. we had a $200 billion budget surplus, and most analysts thought throughout the next deca
because it has to comply because of the patriot act. >>> the widow of steve jobs has started a web-based project in support of the dream act. the website is called the dream is now.org. it involves young imlegal immigrants to upload videos telling their stories. this would offer a pathway to citizenship for minors brought to the united states. >>> the investigation into the dream liner found that a battery in question was not overchunked. the lithium ion battery overheated last week. all dream liners have been grounded since then. the recent investigation was conict didded by the japanese. now the u.s. senate plans to investigate why the faa improved the batteries. >>> secretary of state hillary clinton defended the u.s. response to the deadly attack on a consupe lit in. ben -- consulate in benghazi, libya. >> i stood next to president obama as the marines carried those caskets off of the plane at andrews. i put my arms -- >> secretary clinton told members of the committee that the department is implementing 29 recommendations to improve security at high-threat locations. at one po
anything to do with steve jobs' death? >> we're not seeing as much innovation, folks will be asking tomorrow is tim cook going to bring the next amazing wow product to market? that's not fair, that's not his role. that it's what steve jobs did, a visionary inventor. it's rough to say, cook, you should be like jobs. he's a different person, by all indications. the apple television is what we hear about, still very much in humor phase, that could be the next best hit. >> that's really what apple needs to bring it up is give us something we've never seen before. >> i think so. that's harder now because technology has come so far, there's a lot of great players in the game. it's not as easy as it was to wow the world with something we've never imagined. >> more competition now. >> because they have all learned from apple, give them credit for that. >> brian, thanks so much. remember, you can find more of brian cooley's segments on our website, cbssf.com/mornings. thank you. >>> hundreds of blockbuster stores are about to be closed across the country
that hasn't stopped looking for those blockbuster products. they've got deep, deep talent. steve jobs was a genius and he's gone, but there's a lot of other talent that's there. so is this the case this will become a value stock or value company? i don't think they're ready to go to that level. i think they still have higher aspirations. >> what about the image of the company, sidney? you know, we've seen blackberry, for example, it would appear rise from the ashes over the last few weeks. certainly with the stock price movement in advance of blackberry 10. conversely, you have everybody and his dog piling in to kick ap putt at the moment. an article saying is samsung the new call. the advertising campaign was five or six years old saying, android is outselling apple, which we've known for an awfully long time. as ceo, as head of the pr, marketing director, how do you stop that sort of comment dead in its tracks? is it about offering bigger dividends or something more profound? >> well, you know, one of the things i like tim cook has been saying is, we're not about maximizing market s
it that way. let's go to steve. >>> good morning, in for steve this morning we have gray skies out the door and we'll watch the showers fall over the area. we're seeing mostly cloudy conditions. a few returns picked up over the sonoma county airport. so santa rosa perhaps picking up a little bit of light rain this morning but most of us remain dry with our best chance coming later today, giving you a look you can see the plume off the coastline. if i squeeze in closer, a little bit of drizzle falling over the peninsula, this mid- level moisture and not hitting the ground yet. getting out to walk the dog, you will notice not as well. we're a lot warmer with the overcast skies and the moisture continues in place. a cooler afternoon, though, widespread mid-50s to low low 60s in the forecast. here is a look at your extended forecast. showers on tap for today. dry by tomorrow. friday, cloudy and cool. but we remain dry into the weekend. second half of the weekend looks like we could be bet. we'll hold ontop -- dash we'll -- we'll hold onto temperatures. coming up i will give you the time line on
is there. >> wall street is it watching sac capital, steve cohen, one of the largest hedge fund managers out there, the company and he reportedly disclosed that the firm received a wells notice from the sec which means it could be sued for securities laws violations. is that true? >> i -- >> can you comment? >> i will not comment on any investigation but as you bring up insider trading i will note over 160 cases in the last three years. nearly $900 million in illegal gains or losses avoided we have charged. so another area we have been extremely vigorous and active. >> how many insider trading cases are currently in the pipeline? are there dozens more you're looking into, is that fair to say? >> i don't want to put a number on it and remains a high priority and active area. >> what about in high speed trading, high frequency trading? the sec is concerned about that. are you looking into any potential securities law violations with high speed trading or high frequency trading? >> look, we're looking at a sort of number of actors and transactions in the market structure case. we brought ca
. >> good luck to my as i say sabrina having a baby any minute. plx long. >> steve. >> money coming out of apple has to go someplace else. amazon, like it. >> samsung and the whole supply chain. >> one more check on shares on apple, down by just about 10%. the last time this stock was down 10% during the may flash crash on earnings. it was p12008. having an impact on the qs. i'm melissa lee. see you tomorrow at 9:00 for "squawk on the street." "mad money" with jim cramer starts right now. >>> i'm jim cramer. and welcome to my world. >> you need to get in the game. going out of business and he's nuts! they're nuts! they know nothing! i always like to say there's a bull market somewhere. "mad money," you can't afford to miss it. hey, i'm cramer. welcome to "mad money," welcome to cramerica. other people want to make friends, trying to save you a little money. my job is not just to entertain but to educate and put things in perspective. call me at 1-800-743-cnbc. not everything in the market can be explained by cold hard facts. not everything is rational or even cut and dried or it can eve
escaped is speaking out. she says her husband, steve, hid from terrorists in his office, then made a run for it. >> was there in hiding for about two snafl days, was within two, three feet of some terrorists at times, some of his friends didn't make it. there are a couple times when he said he truly did think he was going to die. >> frightening. officials say 38 hostages were either executed or killed in rescue attempts. >> abc news is getting a look at hay report showing many foods we i buy may not be what we're paying for. they're filled with cheap substitutes. >> it's what we expect as shoppers. >> i think anything put in there should be listed on ingredients label. >> but a new troll down the grocery aisle by a nonprofit usp, discovered rizing numbers of fake ingredients in products from olive oil to spices to fruit juice n a new data base to be released tomorrow and obtained by abc news this morning, usp warns consumers the fda and manufacturers that the amount of food fraud is up 60% over last year. among the most-popular target is pomegranate juice, which is often diluted with gra
. >>> the dow this morning at a five-year high. the s&p 500 flirting with 1,500. steve is managing director at webb bush securities. steve, great to have you with us. >> good morning. >> i've been hearing in the marketplaces that the volatility index is so low, that people can remain confident in staying long, because they can buy cheap protection. i'm wondering what your take is on these market highs here. >> well, certainly that's a contributing factor. the cost of protection is very, very low. but i think the biggest factor is we essentially have zero interest rates, and essentially have very expansionary monetary policies virtually worldwide in developed markets. this is providing a tremendous floor underneath risk to assets and will continue to do so as long as these policies remain in place. >> what do you make of the components that are pushing the markets to these highs? i mean, our previous guest making a point that midcaps, smallcaps trading close to record highs. we're making this move without a big market leader in apple. >> well, the most risky assets are doing the best. the sm
kaepernick says he has gotten some great advice from former forty-niner grace like a joe montana and steve young. >> be sure to stay with kron4 as we follow the niners as a verbal endorsements. we will have updates on our web site kron4 .com as well as our facebook and twitter feed. >> bart officials have approved a plan that could boost why buy signals for passengers. the board of directors came and gave the go-ahead to date by 100 communication devices that relay video and data from its trains to birth control centers any emergencies. that will lot more stable life i service to passengers. right now, why buy servers on bart is typically weak and erratic a generating several complaints from passengers. bart is paying for the $2.7 million contract with federal domestic security funds. federal domestic security funds. >> antheython'tone e bennernnfor fong.ng give ave couploubegibeerserd theythl gol o who e the can cl thsavisas,s, anthe thpplipp the tneedne to gtofromfreginegng..ng to dtong..ng to bea bifulif don d mo sav sg.g. moremooingoi th's t's pow p of o thhop ght ghw thw sha sr var
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the tone. we have a panel here in place to analyze the speech. we have "the weekly standard" writer steve hayes, kiersten powers and kiersten, first to you. this day and moment and president. >> he wants to celebrate this incredible nation and this is really a day for everybody, not just for people who support barack obama. as an american watching this, it's a great day to watch the president of the united states being supported. megyn: especially during the bloody political battles. everyone is there, it is peaceful, it is uniquely american. >> i was down there in the crowd earlier and people are so top of it. i thought how wonderful it is. super so many people, it is inspiring. inspiring in terms of barack obama's personal story. also i think for people to say, in our country, despite the division and anger and political faction that we see almost daily, we come together and celebrate democracy. all of us go to the polls, all of us have a vote. the last time around the president spoke about accountability and responsibility on a freezing day four years ago. this time around, i think the
the great steve jobs has passed snarp. >> it feels that way, larry. we've got this darling-to-dog story we've seen so often notice tech space. we have a gadget company in the tech space that's struggling with margins on its gadgets and a lot of the worst fears that they would face other gadgets from other kinds of companies seem to be coming to pass, but the service tech companies like google and netflix, they're all of a sudden out there increasing share. >> knock the cover off the ball. >> knock the cover on. and as long as you have a razor blade story and not a razor story, i think that's the difference peer. >> dave goldman, am i wrong? sometimes ji am very wrong. does this forecast a stronger american economy, even a moderately stronger economy? >> absolutely not. i was a raging bull in 2012. i'm neutral on it. the s&p is trading tick for tick with liquidity measures, such as inflation expectations. >> that's what i talked about at the outset. easy money. you can't deny that. >> but the easy money is not going into investment. apple i think tells us something about the state of the ec
. standing by us at cme in chicago. steve liesman is going to be in davos, joining us, where he's been -- he had to go to switzerland to figure out the blackberry 10. jim your-you've got the numbers for us? >> no, i don't have the numbers. i'll give you the market reaction. >> honestly? >> all right we're going to put them up at the bottom of the screen. that's going well, so we don't have -- we don't have rick santelliish- >> i thought rick was going to give the numbers. >> rick santelli would normally give the numbers. >> wow. 330. >> 330 is initial jobless claims. >> that's huge. >> yeah, that's a good number. okay and this is interesting, in that over the last -- >> that's amazing. >> we've had several different numbers that weren't that good. so this is a big thing. but, the question we have to ask your offs is, the chairman said he wants to see substantial gains in the labor market before they're going to take the foot off the pedal. so this isn't enough to bring us there yet. but this is not a bad numbers. now you take into affect in asia we have stock market tailwinds, the fact they'
and steve young. >> will hear what kaepernick has to say and what gary rabin thinks about it in the next 45 minutes. let us the route for that--gary radnich . we want you to sene you're neither pride. we have received thousands of photographs, and love to share them on air. send us your pictures. >> breaking news at kron4.com, or send into a store or kron 4 face book page. will share them on the air drop several days. will have more on the niners and its star player colin kaepernick coming up in gary's world at 7:45 a.m.. >> today protesters are back in the spot like we will explain why. >> federal investigators are on board the it dreamliner investigation. new information on the problem they are trying to solve. we are keeping an eye on bay area weather erica has a complete look at the forecasts we return. lucky charms?! ♪ yer always after me lucky charms! whoa. i forgot how good these taste! [ lucky ] ♪ they're magically delicious now all general mills big g kid cereals have more whole grain than any other ingredient in cereals like lucky charms and cinnamon toast crunch, the deliciou
carrying. >> to have their own version of steve jobs. an internet this tradition, they sell accessories associated with it, slick user interface, they have tons of followers on their social networking site, that is a company most americans haven't heard of because it is mostly sold in china. liz: everybody remember that. i have looked at all that is happening with investing in money. capital expenditures, you expanded and spend some money in sharp, when will we see it pay off there? >> the money we invested in sharp was for the investment in display technology we have been working on them with. some look at the financial state of some of those japanese display companies and say things must be bad. what we know is they have some great technologies so we are providing technology they have with technologies we have and we are hopeful that can come to the market relatively soon. we haven't made a product launch yet, but that will come relatively soon. liz: what is the number one question you would love to have answered? that would help you rush ahead with your company's growth in 2013? >> i
at microsoft. the company sells software to microsoft. i think you agree, i think you believe steve ballmer should go microsoft. is that correct? >> microsoft has an opportunity to become one of the most valuable companies, the most valuable company in the world and embrace generation cloud. people embrace devices differently. everyone at laptops, tablets, phones, microsoft has a chance to embrace a new generation. it is not doing -- it is not doing it fast enough. they have an opportunity, x box is one of the most successful product. the home pc of today. on the enterprise they have an incredible windows phone that should be targeted at replacing black berries while x box -- stuart: when you create software and selling and microsoft uses it. you are talking that microsoft, talking about a great opportunity. i want to talk -- i want to talk about the management. you may be unwilling to criticize steve palmer but i want to know what you really think. should they change direction at microsoft? >> bill gates changed the world by putting a desktop on every desk. they need a management team that
, it depends which one has the bigger problem at any point in the day. >> steve, thank you very much for joining us. >> my great pleasure. thank you. >> 47 million in 2012. he stays in california, tax bill is $29 million. so if he moved to florida, he would save $6.25 million. >> the tax bill is 29 million? >> 29 million out of 47. that's not bad. that's pretty good. but he could move to florida and keep half, basically keep half instead of keeping 18 out of 47. >> for a guy who is on the road a lot of the time. >> and then the asteroid thing, i saw what al rockier was able to -- he got a lot of mileage out of that story. >> so are you about to make a confession? >> it's not really true. today i'm feeling fine. coming up, i'm going to start being more open. >> more open? i know everything about you. >> to viewers. >> our viewers know just about everything, too. >> if i feel like i have to burp, i am going to -- >> you are not a closed book. >> could you be more open than al roker about something? >> probably not. >> probably not. so every little thing happens to me. >> oh, boy, viewe
. because, alas, without steve jobs, apple, as i've been saying @jimcramer on twitter, i said this is not a stock using traditional metrics, it's not magical anymore like a netflix, linkedin or amazon that are not bound by the gravity of the earth. that's okay. it just isn't -- just because it isn't magical doesn't mean it's automatically a loser. especially considering how cheap the stock has become after its shellacking. there's not as much to write home about here. including no more omg products, it isn't going to get the love it needs to go back to where it was. so bemoan, be upset i'm not pounding the table or demanding that you sell, except the fact that apple's a decent stock the way ibm or johnson & johnson might be, maybe not as good. maybe not as good as those. it's more like how intel and microsoft used to be after they peaked. does look like many of the different product lines have peaked or slowed too. recognize it has weapons at its disposal. it can make a better story, but right now the weapons are stuck in the arsenal. which is part of the disappointment. here'
you tell who steve in hayward, and his brother john back on the east coast root for? and this pic came with one subject line r >> the harbaugh brothers are heading to the super bowl. g of a 49er fan you so keep sending your fan photos to news -x dot com. or >> we are your super bowl station and we want to see how big a 49ers fan you are. so just keep sending your fan photos to us at news@kpix.comer cbssf.com. include your hometown. we'll air as many as we can. people are working hard to get them on air from now until the super bowl. >>> 5:26. the biggest part of the super bowl besides the game. >> we're talk about those multi- million dollar commercials and the new tactics they are using to reel you in before the game. >> a heated showdown over the man known as the super cop. what oakland just decided to do about a crime crisis. >> a deer dilemma, the plan to drive down the number of does in the neighborhood coming up. [ female announcer ] pillsbury crescents on their own are fantastic but add some sauce pepperoni and cheese and fold up the crescent
damaged homes... surviving in the bbtter cold. steve langford shows us whh they stay in new york. breezy point has become freezy point as one local puts it. post of those wittout heet here caa no longer survive these brutal temperatures.but there remain a hardy few. an eleccric heater and tww &pcomforters and an afghan to here watching her pareets' 3 home during this cruul ccld snap. "freezing!"the gas linn to the home still isn't right, so the furnace won't wwrk. there's a propane heater in the basement and this mulholland won'ttrun them at night. "you have no hoice"the endless repair calls just won't get answered unlesss then you haav to ait again so - you have no choice." "and on a day as bitterly cold as this... wwuld you know ... there are still volunteers coming out here to the rockaways to helpp" ""t doesn'' matter if it's waam or cold out we're hereeto help." these are just some of the volunteers from fordham university in brrezy point ttis weekendd"people are really grateful thhy keep thanking us."the ooerwhelming show of ffrce from volunneers here over the past three
there. periodically getting a new story. we have maria over there, and steve liesman, i mean, it's really -- we're bringing out the big guns. we've got the bazookas there. >> yes, we do. yes, we do. >> it's big. >> it is big. a couple of years ago is when the arab springs started, we were in davos. >> that's right. >> all right. microsoft's there. bombers under fire again. he's under fire constantly. >> it's been a long time. >> let's get a look at the opening bell here in a few seconds. the s&p, as you know, an interesting day, a bit of a run-up here on friday afternoon. let's see how that translates into today's session. at the big board, celebrating the ipo which happens on friday. nasdaq, another ipo from friday, a global enterprise center provider. among the more interesting stories in the papers today, david, deconstruction of what led to the autonomy. interesting color. >> those are always fascinating to read. great reporting by the journal. just in terms of understanding the decision-making, or lack thereof, the directors of the ceo, the pressure he felt he was under. and
and steve liesman apparently doesn't sleep on planes. >> how do you know she was saying, no, it's not me. it's not me. a bodyguard? >> she was fake iing an accent. >> she had the accent. >> faking. the trick is you can't get there from here, davos. right? >> it's a little complicated. the better way is take the private plane and land in zurich, take the helicopter, about four grand. that has the way the real folks do it. >> is that the "squawk box" helicopter in the back, behind you? >> oh, my god. coming in. >> we'll get you a helicopter. we'll get you a helicopter. >> we have a lot more to come an talk to you at the top of the hour. >>> when we come back, we'll go inside the golden afternoons. what would ronald mcdonald say about the start of business. reaction to numbers as soon as they hit the tape. davos myome. there. i said it. they don't have pictures of my kids. they don't have my yoga mat. and still, i feel at home. could it be the flat screen tv? the not so mini fridge? ♪ the different free dinner almost every weeknight? or maybe, it's all of the above. and all the rest. am i hom
of people are still sweet on apple shares even though it plunged today, wolf. >> steve jobs died about a year and a half ago. what does all of this say about tim cook's tenure as the apple's ceo? >> it says you know what, you're going to get the blame, tim cook. you're the ceo so the buck stops with you. he saw the blowout of the iphone 4s and took the stocks to greater heights. it was around $375 when he took over. the price almost doubled in tim cook's first year in charge. it peaked in september when iphone 5 came out. since then, the shares have been tumbling. for one, wall street and analysts don't have much confidence that he can deliver like steve jobs did, that he can deliver the hippest, sexiest blockbuster devices. if the next quarter shows more of what we saw last quarter, there may be a re-evaluation going on but for now the analyst expects cook to stay. wolf? >> alison kosik, thanks very much. >>> in the wake of yesterday's fireworks, hillary clinton came to praise the man that is taking over her job as the secretary of state. senator john kerry, our foreign affairs corres
will be talking about his role playing the late steve jobs. he is scheduled to open the conference with a panel discussion about the film mac world starts next thursday. it opens in april. >> time now 7:45 and a former elementary schoolteacher has been arrested on child sex abuse charges. police there may have been at least 20 victims. we >>> the former child act for who was the voice of charlie brown has made his first court appearance on stalking charges. he pled not guilty. the 56-year-old threatened to kill his ex-girlfriend and a doctor. >> he stated he would continue to hit the dog until she agreed to go with him. the victim declined and he grabbed her by the neck. >> robin's was nine when he was cast as charlie brown but was replaced when he turned 14. his voice can be heard in classic specials including it's the great pumpkin. >> an autopsy is scheduled today on the body of a man found along the shoreline. the coroner identified him as a 28-year-old paul chu. his body was found yesterday morning. the body was clothed. they are looking to see if he drowned. >>> san jose police have f
be receptive? steve more of the "wall street journal" senior economic writer joins me on the phone. what did you think about that? >> great to be with you. you know, the problem for chuck schumer is not so much getting republicans to get used to it. what about all those red state democrats in the senate. those are the people that are probably hyperventilating right now over what chuck schumer said if you look at the l.a. tour map, there are six, seven, or eight red state democrats that face reelection in 2014. melissa, i don't think too many of them are relishing the idea of voting for another tax increase. i wonder whether the chuck schumer, harry reid budget could pass the senate, even with just democratic votes because you have so many people that are up for reelection that are going to be very reluctant to stick their necks out and vote. by the way, as you know, we just had a $600 billion tax increase in the fiscal cliff negotiations. plus, we had $520 billion of new taxes from obamacare. this would be the third tax increase. melissa: i really hope you're right because i feel their is a
profits of the wireless industry concerns about this post steve jobs era. >> i think there may have been a little bit of drop back in the vision. tim cook has been running this company operational for many years. the company has been so strong in the past. monster revenue number, monster revenue cap. i do think that you cannot expect each incremental innovation to be something that is simply stunning. lori: paul, walking us to apples it is earnings report. thanks again. you want to keep it here for complete earnings. sandra smith is on after the bell at 4:00 p.m. eastern. secretary of state hillary clinton defending the administration's response to the benghazi attacks. lou dobbs weighs in just ahead. melissa: we are hitting the road with the american trucking association. ♪ the boys use capital one venture miles for their annual football trip. that's double miles you can actually use. tragically, their ddy got sacked by blackouts. but it's our tradition! that's roughing the card holder. but with the capital one venture card you get double miles you can actually use. [ cheering ] any f
that crowded with that type of enthusiasm and electricity was back in 2002. steve madden. the place was buzzing. i cracked a few jokes. no one even knew what i was talking about. the stock was five dollars then. you look at all the things that hurt them. weather. sheepskin prices. the macroeconomic situation in europe. i just love the way the stock has been acting. to see that sort of a french, i was shocked. lori: it is freezing cold to seven they do not look like ugg's. they sell normal clothes and shoes and boots. lori: oh, that is right. is that enough to carry the momentum through? charles: the stock is still well over 50%. 44% of the stock is short. if they could just get a small piece of good news, this may really take off. my target is $50. melissa: thank you so much. great stuff. lori: as we do every 15, let's go back down and tap the markets with nicole petallides. nicole: let's take a look at both ford and general motors right now. gm is roughly flat year-to-date. ford was cut today over at buckingham research. also, they said that there is no need on alliance. they are linking up to
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